Homes For Sale in Westborough Market Report
Could Westborough be the best value town in Metrowest? It Might be. Let's see why.
Note: The chart above updates automatically with each new real estate market post, so make sure the comments you are reading line up with the time the post was published.
Can’t see the chart? You can find it Here .
The Chart looks pretty consistent to the other reports. Low number of homes for sale. Record for the HSI. Very short days on market (90). Lots of new home sellers.
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But the pricing data has stayed flat this summer. Now, I'll grant you, what's left isn't that cheap - it's advertised at $209/ sq foot, a big rise from $185, so prices are likely to go up, and sales are likely to slow. That's a big number to absorb, and buyers will need to get frustrated from lack of options before chasing some of those homes. But with most of the neighboring towns already up significantly, recent Westborough buyers have been getting good deals done.
Westborough Houses For Sale and Sold Market Statistics - Raw MLS Data
Westborough “Home Seller Index” (HSI): 112 Last Report: 89
- There are 58 homes listed as For Sale in Westborough.
- There have been 112 houses sold in the last 6 months, and 86 homes sold in the last 3 months.
- The Average number of Days on Market was 82 days for just SOLD homes.
- There is an Average Market Time of 123 days of the homes For Sale (currently for sale).
- The amount that was paid in Dollars per Square Foot averaged $185 (vs. $183)
- There was an Average Sold Price of $$462,364 for sold homes.
- Westborough, MA, has 2 properties (vs. 1 in the last report) advertised as lender owned/foreclosure (typically foreclosure) .
- Westborough has 2 properties (vs. 3) advertised as a short-sale is going to be needed by lender .
*All statistics are for Single Family Houses and based on data in MLS. Note, there will be a some what artificial jump in the rankings as the active status flag is being phased out. (this is a good thing, but will screw up my data sets).
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About Matt Heisler
Matt Heisler is a real-estate professional and owner of this website. He has been selling homes in MA for buyers and sellers for over 20 years. He is an expert in foreclosure purchases, short-sale purchases, short-sale sales, buy and hold investing, fix and flip investing, and of course traditional residential home sales. He is happy to take questions as they pertain to real estate on Title V, Radon, Termites, Sump Pumps, Roofs, Foundations, Wells, Septic Systems, Cash-Flow, Staging, and a host of other housing issues. As a Vanderbilt University alumnus, he is proud to serve his local community.
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*All information is posted in good faith and is assumed to be reliable, but may rely on third party information sources.